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Oct
29th

To make more Ram trucks, Fiat Chrysler reconsiders Mexico

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FCA CEO Mike Manley is now reconsidering a decision announced in January to stop building Ram heavy-duty pickups at a plant in Saltillo, Mexico, which -- along with another plant in suburban Detroit -- would produce other Ram models and free up...
Oct
29th

Dana secures major Ford Edge contract as Q3 profits, sales rise

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The supplier said it will be the sole provider of disconnecting all-wheel-drive units on the 2019 Ford Edge crossover, a new feature designed to improve fuel efficiency.
Oct
29th

GM says Obama-era fuel-efficiency rules not feasible

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General Motors said it favors an annual increase in fuel-efficiency standards based on "historic rates" rather than tough Obama-era rules or a Trump administration proposal that would freeze requirements.
Oct
29th

Beijing mulling tax cut to support auto sector

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A Chinese regulator is reportedly planning to propose a big cut in car purchase tax to support the Chinese auto sector, which is facing lower sales and intensified competition. China's auto industry is also having to deal with the adverse consequences of an ongoing trade war with the US, which is impacting consumer confidence.
Oct
29th

Hyundai’s U.S. head steps down amid shakeup of global operations

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Hyundai Motor America CEO Kyung Soo Lee has left the position to return to South Korea as an adviser for the company. The automaker also has created two entities to develop future technologies and appointed new heads of product strategy and design.
Oct
29th

Hyundai’s U.S. head steps down amid shakeup of global operations

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Hyundai Motor America CEO Kyung Soo Lee has left the position to return to South Korea as an adviser for the company. The automaker also has created two entities to develop future technologies and appointed new heads of product strategy and design.
Oct
29th

Goldman analyst upgrades Ford shares to buy

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Analysts at investment bank Goldman Sachs have upgraded Ford to a 'buy' from neutral and said that investors could see a 40% return on Ford stock as the automaker restructures its business and boosts its bottom line.
Oct
29th

Mercedes faces U.S. probe of recall-notice practices

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NHTSA told Mercedes-Benz USA that it found numerous instances in which owners of recalled cars weren't notified within the federally mandated 60-day window.
Oct
29th

Cooper Tyre appoints two new directors to board

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Cooper Tyre has named Katy Dickson and Brian Walker as directors of the company effective immediately.
Oct
29th

Tenneco to shut Ontario and Georgia operations

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Tenneco is to close its original equipment ride control plants in Owen Sound, Ontario and Hartwell, Georgia as part of what it says is an "initiative to realign its manufacturing footprint."
Oct
29th

Tenneco Q3 net income falls to US$60m

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Tenneco has posted third-quarter net income down 27% to US$60m, with revenue rising 4% to US$2.4bn.
Oct
29th

Denso to supply digital side-view systems for new Lexus ES

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Denso has developed a digital side-view monitor ECU (electronic control unit) which it says helps enhance the view for the driver and improves vehicle safety.
Oct
29th

RHA “still in the dark” as to post-Brexit border arrangements

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UK body, The Road Haulage Association (RHA) says it is "still in the dark" surrounding future border arrangements following the UK's exit from the European Union next March.
Oct
29th

Autoliv Q3 2018 sales up 4.1% to US$2.03bn

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Autoliv has reported third-quarter consolidated sales growth of 4.1% to US$2.03bn, while quarterly organic sales grew by 6.4%.
Oct
29th

Audi and Umicore to develop recyclable EV battery components

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Audi and Umicore have completed phase one of their research cooperation for battery recycling.
Oct
29th

Hyundai promotes European premium brand veterans to top posts

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Hyundai promoted former BMW executive Thomas Schemera to lead product planning for autonomous cars, connected cars and electrified vehicles, while Bentley design director Luc Donckerwolke will be the automaker's design chief.
Oct
29th

Lear Q3 net income falls 14% to US$253m

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Lear has posted third-quarter net income down 14% to US$253m with sales also falling from US$5bn to US$4.9bn.
Oct
29th

Daimler CEO Zetsche does not rule out future cooperation with Tesla, report says

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Daimler does not rule out cooperating with Tesla even though the automaker sold its stake in the company four years ago, CEO Dieter Zetsche told a Polish newspaper.
Oct
29th

Mercedes faces U.S. probe into recall-notice practices

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Mercedes is under investigation by U.S. regulators who say the automaker may be taking too long to send safety recall notices to car owners and inform the government.
Oct
29th

Fisker announces Caterpillar Venture investment

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Fisker has unveiled an investment from Caterpillar Venture Capital, a wholly-owned subsidiary of Caterpillar, the manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives
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